PRO Stock Summary and Trading Ideas (Pros Holdings | NYSE:PRO)

Pros Holdings Inc. is a provider of cloud-based revenue and profit realization software solutions to business-to-business and business-to-consumer companies. Its solutions assist customers in growing revenue, modernizing business processes, and supporting profitability by leveraging prescriptive analytics and data science-based decision-making technology. The company's solutions enable buyers to move fluidly across its customers' direct sales, partner, online, mobile, and emerging channels with personalized experiences. The firm generates revenue in the United States, Europe, Africa, Asia-Pacific, and Middle East regions.

Pros Holdings trades on the NYSE stock market under the symbol PRO.

As of April 19, 2024, PRO stock price declined to $33.28 with 237,604 million shares trading.

PRO has a beta of 1.60, meaning it tends to be more sensitive to market movements. PRO has a correlation of 0.22 to the broad based SPY ETF.

PRO has a market cap of $1.56 billion. This is considered a Small Cap stock.

Last quarter Pros Holdings reported $77 million in Revenue and $.02 earnings per share. This beat revenue expectation by $784,000 and missed earnings estimates by -$.03.

In the last 3 years, PRO stock traded as high as $50.90 and as low as $18.09.

The top ETF exchange traded funds that PRO belongs to (by Net Assets): VTI, VB, IWM, VGT, VXF.

PRO has outperformed the market in the last year with a return of +23.1%, while the SPY ETF gained +21.2%. However, in the most recent history, PRO shares have underperformed the stock market with its stock returning -4.7% in the last 3 month period and -11.7% for the last 2 week period, while SPY has returned +4.3% and -3.5%, respectively.

PRO support price is $32.69 and resistance is $34.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PRO stock will trade within this expected range on the day.